City Café Restaurant Opportunity – Adelaide CBD
Restaurant
ActiveFood & BeverageSouth AustraliaB2C
Asking price
$79,000
Disclosed · AUD
Revenue (est.)
~$254,592
Estimated · comparable listings of this type and size · typically within ±30%
Earnings
—
Implied multiple
—
Brief
- Café/restaurant venue on Hindmarsh Square in Adelaide's CBD, trading as a restaurant site for over 50 years
- Classic fitout with alfresco seating overlooking the square plus a separate takeaway area
- Licensed for 130 patrons, trading seven days from midday to midnight
- Sale is for the plant and equipment only
- Vendors retiring after 44 years of successful trading
Restaurants in South Australia
Restaurants for sale in South Australia (28) →Listed
28
+6 in 30 days
Median asking
$150K
25 priced
Median revenue
$702K
17 disclose
Earnings multiple
1.3×
314 listings
Price drops
3
in 30 days
Asking price spread25 of 28 state a price
This listing · $79K
20%
Under $100K$500K–$1M
Australia 497 · Victoria 248 · New South Wales 109 · Queensland 73 · Western Australia 24
Cafes 35 · General retail businesses 11 · Hair salons 11 · Takeaways 11 · Hotels 10 · Building and construction businesses 9
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